On 13 November 2024 HHGL Limited and Hampden Group Limited, operating under the brand Homebase, entered administration Gavin Park, Gavin Maher and Adele Macleod of Teneo Financial Advisory Limited were appointed as Joint Administrators. Homebase has 3600 employees and 133 stores across the UK.
CDS Superstores, which owns homeware retailer The Range, has bought 70 stores, saving around 1,600 jobs. It said that these will continue to trade as Homebase stores "over the next couple of months" before reopening as The Range stores.
Teneo said it's seeking a buyer for Homebase's remaining 49 stores.
CAPA have been appointed to carry out a full property audit over 147 sites throughout the UK.
CAPA Director Tony Sweeney advised - "It's great to be working again with Teneo on such an important retail portfolio".
